"There's a reason the Masters is the best golf tournament in the
world," Kleintop told us. "They could make it just Americans, but
then it wouldn't be as good. By allowing everyone from around the
world to compete, that's what makes it so great."

Kleintop said that this is the same for investors. Sure, you
could get exposure from US company sales to other markets, but
you're
missing out on the growth of plenty of other companies as
well.

"Companies closest to consumers ... are the ones that do the
best," said Kleintop. "So investing in companies abroad means you
get more of that growth."

Much like the MSCI world index, said Kleintop, the Masters has
about 50% Americans, roughly 15% apiece from the Eurozone and
emerging markets, 10% from the UK, and 10% from Asia-Pacific.

Now most every adviser or strategist
suggests a diversified portfolio — even Bogle is
suggesting one, though a bit more indirectly — but this is an
interesting way to picture how the makeup of investments should
look.